Flying Kitten

[Flying Kitten @skip_ton]

@btc_charlie Up only

[Flying Kitten @skip_ton]

@blockgraze The peace of mind that comes with this is unmatched

[Doc @docXBT]

Let me explain how fomo on the timeline works:

> High conviction participants position heavily in core bags
> Every few weeks a new meta forms
> The pump rotates
> People pre-positioned into said meta become euphoric
> They bullpost their bags relentlessly; feeling vindicated as their thesis plays out
> You, a low conviction participant becomes confused
> Are my bags bad? Are they dead? Should I rotate?
> You ask yourself this for days
> Nah, it's already pumped. Fuck that. You say to yourself
> A week passes, they continue bullposting, that rotation holds mindshare, targets get more audacious
> You start to get convinced that this new rotation is the new meta
> It stops feeling risky
> You pull the trigger rotating to their meta
> The meta goes down its own risk curve as pre-positioned participants dabble in newer coins
> The leader of said meta begins to slow in momentum
> You latch onto a newer coin as it may offer better returns than the leader.
> Your conviction is low, but prospect of returns is high
> You may run it up, but targets are so high you never TP anything
> The meta starts to become more PVP as pre-positioned participants begin to realize profits across the board
> The meta fizzles out as a new one begins to form
> New pre-positioned participants begin to bullpost loudly, feeling vindicated in their thesis
> New accounts dominate CT mindshare as they appear to be geniuses as their thesis begins to play out
> You're now in the old meta wondering if you should wait it out for the pump to return to you or if you should rotate
> You decide to be patient, the new meta has already pumped- it's too risky now
> Days/weeks pass and mindshare in the new meta grows
> Its stops feeling risky, you want to participate

This cycle continues.

Lessons to learn:

- The highly convicted participant is what you want to be. Develop a core thesis. Mark out invalidations. Be patient.
- Patience is a virtue. If your thesis is solid you bags will get main charactered at some point.
- Having a plan is crucial for when you're in the spotlight.
- Others will chase; you should focus on your game plan and not get distracted by the raised targets.
- Late participants are the ones who raise targets as they need to believe they're not late.
- If your meta offers has a risk curve, you should have your rotation plans laid out before the pump even gets to you.
- Distribute on the chasers. Maintain patience to re-buy the lows. Await round 2.

Note that you should know:

- Even the people that appear to rotate like gods, often do so on smaller size, maintaining heavy positioning in their own core bags.

Hope this helps ✍️

[Flying Kitten @skip_ton]

The benefits of this are plain to see, currently there is no recovery option for a wallet that has been compromised, but this would allow users to actually have a shot at recovering their funds.

[Flying Kitten @skip_ton]

What are btc vaults?

Btc vaults enable users to put a time lock on their funds.

Why would you want to do this?

If a hacker got access to your funds they wouldn’t be able to withdraw the btc until the time specified has run out.

#OP_CAT_VAULT

[Flying Kitten @skip_ton]

This gives a user time to remove the funds before the hacker is able to.

You’re given a recovery phrase when setting up the vault. This phrase acts like a second key to the funds and can bypass the time lock. Allowing a user to get their funds safely to a wallet they control

[Flying Kitten @skip_ton]

It's such a cheery scene showing a World I want to live in. One in which we can trustlessly move our BTC assets to the off chain world without having to worry about hacks or complicated infrastructure.

A World that is so very possible with OP_CAT

[Bitcoin Wizard - mavensbot 🧙🏻‍♂️ @mavensbot]

I used to hand out bitcoin to internet wizards in early bitcoin days. In celebration of $WZRD, surpassing $1, I am doing the same.

Get your Free BRC-20 $WZRD.
1) Join us. https://t.co/sTQ9lF9Uxa
3) follow @bitcoinwizardry
3) post your taproot address below
7) spread this message far and wide.

[Flying Kitten @skip_ton]

@mavensbot @bitcoinwizardry bc1p4a0w3yke395du9g6jrrnttv8wgdfcjc537ze25uaecwswwwwlyvs7d3kz5

[Flying Kitten @skip_ton]

The maximum size an element can be is currently 520 Bytes as this is the bitcoin script limit

The fifth and sixth lines check the combined size of vch1 and vch2 is less than 520 bytes. If the 2 elements are larger than this an error code is returned

[Flying Kitten @skip_ton]

The third and fourth lines of code assign the different elements vch1 and vch2 variables. vch1 will be the second to last element in the stack and vch2 the last

[Flying Kitten @skip_ton]

It wasn’t until after the bull run and the 95% drawdown on my coins that I hadn’t sold, that I actually started to dca into BTC.

Most recently my challenges have been getting used to the wallet differences to those of evm chains.

[Flying Kitten @skip_ton]

OP_CAT would allow for more complex transaction functionality on BTC giving greater freedom to developers and even enabling the development of layer 2’s on bitcoin.

There are downsides to OP_CAT though. As with any change to BTC there comes the possibility of new attack vectors.

[Flying Kitten @skip_ton]

OP_CAT, was initially part of Bitcoin's scripting language and facilitated the amalgamation of data sets through concatenation. It was deactivated in 2010 due to security concerns. These issues have now been fixed by the 520-byte hard limit on data size.

[Hsaka @HsakaTrades]

Solana just lost its base layer privacy

[Jebus @Jebus]

your most likely path to wealth isn't flipping 10k into 1m on a memecoin

its more likely ending 1 cycle with 200k and then catching the bottom on a few specific things you have infinite conviction on and sitting on it for 3 years

[Chris Burniske @cburniske]

And just like that... everywhere I look I see fairweather geniuses, told-you-so investors, and entitled airdrop collectooooooors. It was a tough bear so enjoy the party, but don't get so drunk that you lose your keys.

[Flying Kitten @skip_ton]

@nodemonkes Send nodes

[LilMoonLambo @LilMoonLambo]

inactive crypto twitter accounts when shitcoins start pumping again